{"id":879000,"date":"2026-10-11T22:20:12","date_gmt":"2026-10-11T22:20:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/879000\/"},"modified":"2026-10-11T22:20:12","modified_gmt":"2026-10-11T22:20:12","slug":"cash-app-users-could-receive-up-to-2500-in-data-breach-15m-settlement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/879000\/","title":{"rendered":"Cash App users could receive up to $2,500 in data breach $15M settlement"},"content":{"rendered":"<p>Eligible <a href=\"https:\/\/nypost.com\/2024\/05\/01\/business\/feds-probing-financial-transactions-at-jack-dorseys-square-cash-app-report\/\" rel=\"nofollow noopener\" target=\"_blank\">Cash App users<\/a> could soon begin receiving $2,500 in their pockets as part of a whopping $15 million law suit settlement over a data breach.<\/p>\n<p>The mobile financial platform was slapped with a lawsuit after the alleged 2021 breach resulted in the \u201cunauthorized public release of the personally identifiable information of 8.2 million current and former Cash App Investing customers,\u201d<a href=\"https:\/\/www.usatoday.com\/story\/money\/personal-finance\/income\/2026\/10\/08\/cash-app-15-million-settlement-payments-going-out\/92157098007\/\" target=\"_blank\" rel=\"noopener nofollow\"> USA Today reported,<\/a> citing the class-action suit filed in 2022.\u00a0<\/p>\n<p>Cash App, its parent company Block Inc. and the lawsuit\u2019s plaintiffs <a href=\"https:\/\/nypost.com\/2026\/04\/28\/business\/11-ongoing-california-class-action-settlements-with-payouts\/\" rel=\"nofollow noopener\" target=\"_blank\">agreed to the settlement<\/a> in March 2024 \u2014 but neither company admitted to any violations of the law, the publication reported.<\/p>\n<p>Cash App users who filed a claim before the deadline two years ago could see as much as $2,500 in their pockets from this month. Diego \u2013 stock.adobe.com<\/p>\n<p>Payments from the $15 million settlement are expected to be distributed sometime this month to users who filed a claim before the deadline two years ago, according to the <a href=\"https:\/\/www.cashappsecuritysettlement.com\/home\" target=\"_blank\" rel=\"noopener nofollow\">settlement website.\u00a0<\/a><\/p>\n<p>Users who experienced authorized or fraudulent withdrawals or transfers from their Cash App accounts between Aug. 23, 2018 and Aug. 20, 2024 had to have filed a claim for damages before Nov. 18, 2024 to be eligible.<\/p>\n<p><a href=\"https:\/\/nypost.com\/2024\/12\/19\/tech\/massive-data-breach-at-federal-credit-union-exposes-240k-members\/\" rel=\"nofollow noopener\" target=\"_blank\">Impacted individuals could seek<\/a> reimbursement for out-of-pocket losses of up to $2,500 \u2014 including loss of funds from transactions and lost time spent on the data breach, capped at up to three hours at $25\/hour.<\/p>\n<p>The $15 million settlement relates to a class-action lawsuit filed in 2022 that alleged users of Cash App experienced a data and security breach the year before.  David \u2013 stock.adobe.com<\/p>\n<p>No claims filed after the November 2024 deadline will be accepted, according to the settlement website. <\/p>\n<p>The $15 million settelment, while sizeable, covers legal fees and settlement administrative costs in addition to valid user claims.<\/p>\n<p>Cash App, launched in 2013, is a mobile financial platform that works like a \u201cdigital wallet\u201d for users to send a receive money, invest in Bitcoin and stocks, apply for loans and file taxes, according to USA Today.<\/p>\n<p>Users who experienced authorized or fraudulent withdrawals or transfers from their Cash App accounts were able to file a claim for reimbursement before the deadline two years ago. Tada Images \u2013 stock.adobe.com<\/p>\n<p>While it is not a bank, the platform offers an interest-earning savings account and a Cash App debit card for users to make purchases and ATM withdrawals.<\/p>\n","protected":false},"excerpt":{"rendered":"Eligible Cash App users could soon begin receiving $2,500 in their pockets as part of a whopping $15&hellip;\n","protected":false},"author":2,"featured_media":879001,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[11357,234135,5401,3130,165,2066,7270,9382,74,194],"class_list":["post-879000","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-app","tag-class-action-lawsuits","tag-data-breach","tag-lawsuits","tag-mobile","tag-money","tag-security","tag-settlements","tag-technology","tag-us-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/879000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=879000"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/879000\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/879001"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=879000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=879000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=879000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}